The market size of additive masterbatch was USD 2.42 Billion in 2015 and is projected to reach USD 3.40 Billion by 2021, at a CAGR of 6.0% between 2016 and 2021. In this study, 2014 has been considered as the historical year, 2015 as the base year, and 20162021 as the forecast period for estimating the market size. The global additive masterbatch market is segmented based on type, carrier resin, end-use industry, and region.

Objectives of this study:

To analyze and forecast the market size of additive masterbatch, in terms of value and volume

This research study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg BusinessWeek, and Factiva) to identify and collect information useful for this technical, market-oriented, and commercial study of the additive masterbatch market. The primary sources mainly include several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, service providers, and organizations related to all segments of the industrys supply chain. After arriving at the total market size, the overall market has been split into several segments and subsegments. The figure below illustrates the breakdown of the primary interviews based on company type, designation, and region conducted during the research study:

The value chain of additive masterbatch starts with the procurement of raw materials. The key components of any type of masterbatch are polymers, dispersants, and carrier resins. The raw materials are chemically synthesized to form a typical concentrate, which is then compounded by additive masterbatch producers. Compounding is a two-stage process: gathering ingredients and then mixing them together by applying heat and shear stress to produce a homogenized pellet. Compounders improve the properties of thermoplastic polymers by incorporating additives in molten state. The top compounders of additive masterbatch include RTP Company (U.S.) and Astra Polymers (Saudi Arabia). The major players offering additive masterbatch include Clariant AG (Switzerland), A. Schulman (U.S.), and others.

Target Audiences:

Additive masterbatch manufacturers

Additive masterbatch suppliers

Government and research organizations

Additive masterbatch traders, distributors, and suppliers

Investment banks and private equity firms

Raw material suppliers

Service providers

End users such as automotive, packaging, consumer good, and other industries

Study answers several questions for the stakeholders, primarily which market segments to focus in next two to five years for prioritizing the efforts and investments.

Scope of the Report:

This report categorizes the global market of additive masterbatch on the basis of type, carrier resin, end-use industry, and region.

Market Segmentation, by Type:

The additive masterbatch market has been segmented into the following on the basis of type:

Antimicrobial

Antioxidant

Flame retardant

Others

Market Segmentation, by Carrier Resin:

The additive masterbatch market has been segmented into the following on the basis of carrier resin:

Polyethylene

Polypropylene

Polystyrene

Others

Market Segmentation, by End-use Industry:

The additive masterbatch market has been segmented into the following on the basis of end-use industry:

Packaging

Automotive

Consumer Goods

Building & Construction

Agriculture

Others

Market Segmentation, by Region:

The additive masterbatch market has been segmented into the following on the basis of region:

Asia-Pacific

Europe

North America

Middle East & Africa

South America

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companys specific needs. The following customization options (not limited to) are available for the report:

Regional Analysis

Further breakdown of a region with respect to a particular country, additional end-use industry, and/or type

Additive masterbatch market to reach USD 3.40 Billion by 2021, registering a CAGR of 6.0% between 2016 and 2021

The global additive masterbatch market is driven by the rising demand from emerging economies. Rapid industrialization in developing economies such as India, Indonesia, Brazil, and Mexico is expected to drive the global additive masterbatch market. The increasing use of plastics over other conventional materials is estimated to boost the market during the forecast period.

The antimicrobial additive masterbatch is estimated to be the largest and fastest-growing type of masterbatch. The dominance of antimicrobial additive masterbatch can be attributed to the growing demand for plastic products. The antimicrobial additive masterbatch is used to protect plastic products against microbes such as algae, bacteria, fungi, and yeast. This type of masterbatch is used in various applications, namely, construction products, consumer goods, and healthcare & hygiene industries. The antimicrobial additive masterbatch is based on various carrier resins, such as polystyrene (PS), polyethylene (PE), and polypropylene (PP), among others.

PE is the largest type of carrier resin, as it has superior properties, such as low density, high toughness, and moisture resistance, in comparison to other resins. LDPE & LLDPE are extensively used in additive masterbatch, as they have various applications, including plastic bags & sheets, plastic wraps, toys, lids, buckets & containers, pipes, and others. LDPE and LLDPE are flexible substances that are mainly used in shopping bags because of their low tensile strength. These types of PE are widely used as carrier resins in additive masterbatch due to their different properties such ductility, tensile strength, resistance to water, flexibility, and stiffness. PE is thus known to be the most extensively produced plastic in the world.

Asia-Pacific is the largest market for additive masterbatch and is estimated to witness the fastest growth during the forecast period. Increasing demand from the packaging, consumer goods, and healthcare industries are driving the market for additive masterbatch in the region. The increasing purchasing power of middle class population also acts as a key driver for the market. The rising demand for environment-friendly products is driving innovation in the plastics industry. High-end products, such as consumer goods and electronic devices, demand damage-free surfaces. Thus, the need for anti-scratch products arises, which drives the market for additive masterbatch.

The regulations against the use of plastics act as a restraint for the growth of the additive masterbatch market. The competitiveness of the additive masterbatch market is continuously increasing with innovative and new product launches. Strategic developments are mostly undertaken by major players such as Clariant AG (Switzerland), A. Schulman (U.S.), and Polyone Corporation (U.S.).

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